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Reply to "Silicon Valley tech job.. how concerned would you be? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Sales is kind of unstable no matter what, right? But I think there will always be opps for him. If he likes his job, I'd stay at it if I were him. Might as well stay on the lifeboat. The market is tough right now and it's impossible to predict what a stable option might be. Even Google is considering layoffs now, according to the news, which is shocking. Staying where he has tenure is his best bet IMO. [/quote] This is pretty par for the course. Ignore the valuation of his "equity" -- who know how or when they will exit. Focus on salary and cash on hand. So if his comp is low in cash but high in equity, I would be looking for higher paying role with more cash comp (could still be commission if he is that good at sales). But you mention they are still fund raising -- when are they looking to be profitable? That is a metric VC is looking much harder at.[/quote] A lot of these companies end up never being profitable and their exit strategy is to be acquired by another company. [/quote]
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